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Letters to the Editor

Updated May 17, 1999 12:01 a.m. ET

Updated May 17, 1999 12:01 a.m. ET

Deadly Gains?

To the Editor Barry Henderson (Fund of Information , May 3) ascribes 1999's precipitous first-quarter decline in net mutual-fund inflows to online traders buying and selling individual stocks. That is doubtless a major factor, but consider another:

I made an initial purchase of a mid-cap growth fund in 1981 that has since...